09/05/2026
Gold could hit $5,296/oz in 2027, according to RBC Capital Markets.
Persistent geopolitical uncertainty and continued global de-dollarization are driving this outlook.
• Gold may trade between $4,500-$5,000/oz for the remainder of this year.
• The 2026 high scenario is $4,929/oz.
• Central banks are expected to remain the backbone of gold demand through 2026.
Will central bank buying intensity remain sufficient to support these aggressive $5,000+ price targets if inflation cools unexpectedly?